Binance restarts withdrawals after $6.3bn heist blamed on North Korea
Binance has begun restoring customer withdrawals after hackers stole about $6.3bn in cryptocurrency in what authorities have described as a record theft. The exchange said it resumed some services on Sunday after suspending them following Thursday's breach, while security checks and an internal investigation continued. Withdrawals are being reopened in stages, with Bitcoin, Ether and some stablecoin services among the first to return.The company said it had replaced about 95% of the affected assets and would absorb the financial impact rather than pass losses on to users. In a statement posted on X, Binance said customers whose transactions fail should... [Continue Reading]
More from 360LiveNews Opinion